Search results
Results from the WOW.Com Content Network
The report concludes that the American economy's radical inequality is hindering economic growth, as the benefits are mainly enjoyed by those at the top, while the majority, responsible for the bulk of consumer spending which constitutes 67% of GDP, are left behind. [117]
According to a working paper released by the Society for the Study of Economic Inequality entitled "Tax policy and income inequality in the U.S.,1978—2009: A decomposition approach," tax policy can either exacerbate or curtail economic inequality. This article argues that tax policy reforms passed under Republican administrations since 1979 ...
A September 2014 report by the Economic Policy Institute claims wage theft is also responsible for exacerbating income inequality: "Survey evidence suggests that wage theft is widespread and costs workers billions of dollars a year, a transfer from low-income employees to business owners that worsens income inequality, hurts workers and their ...
According to EIG, which uses US Census Bureau data to sort districts by economic well-being, roughly 52 million Americans live in a "distressed" zip code. That's up from 50 million in 2018 .
For much of the past decade, policymakers and analysts have decried America's incredibly low savings rate, noting that U.S. households save a fraction of the money of the rest of the world.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
Published by Spiegel & Grau, the book illustrates the "divide" by looking at the relationship between growing income inequality and the criminalization of poverty, as poor people are increasingly harassed, arrested and imprisoned for minor crimes in the U.S., sometimes for no actual crime at all, even as crime rates continue to plummet, resulting in a prison population that "is now the biggest ...
The nonprofit’s new report, “From Redlining to Chalk Lines: The Costs of Economic Injustice” will be released at a Saturday event. ... 800-290-4726 more ways to reach us. Mail.